Financing type:  non-brokered private placement

Gross proceeds:  $450,000

Offering:  three million listed shares with three million warrants attached

Offering price:  15 cents per listed share

Warrant exercise terms:  25 cents per listed share for a three-year period

Commissions in securities:  180,000 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 25 cents for a three-year period.

Disclosure:  Refer to the company's news release dated Oct. 22, 2025.